INSIDER
When will Gordie Howe International Bridge project be done? See timeline of progress
Read full article: When will Gordie Howe International Bridge project be done? See timeline of progressHere is a timeline of events thus far for the project, with more milestones obviously to come for a project expected to be done in 2025.
British economy rebounds strongly in first quarter of the year, ending 'technical recession'
Read full article: British economy rebounds strongly in first quarter of the year, ending 'technical recession'The British economy bounced back strongly in the first three months of the year, bringing to an end to what economists termed a “technical recession.”.
In wake of Baltimore bridge collapse, Florida lawmakers, maritime leaders meet to talk port safety, infrastructure
Read full article: In wake of Baltimore bridge collapse, Florida lawmakers, maritime leaders meet to talk port safety, infrastructureCongressional and maritime leaders met in Miami on Friday to discuss port safety, security and infrastructure.
UNF enrolling more nursing students than ever as US job growth report shows high demand in health care
Read full article: UNF enrolling more nursing students than ever as US job growth report shows high demand in health careWith job growth turning out to be much stronger than expected in March, there were three main categories where the hiring was mainly concentrated including health care and private education, leisure and hospitality, and government.
Consumers struggle as products shrink: Biden launches ‘strike force’ against ‘shrinkflation’
Read full article: Consumers struggle as products shrink: Biden launches ‘strike force’ against ‘shrinkflation’According to the report, a pack of Oreos decreased by 6% in size, a mega-pack of Charmin gave 7% less sheets, and a bottle of Dawn had 7% less soap even though the prices all stayed the same.
‘Me cookies are getting smaller’: Cookie Monster’s take on shrinkflation get reactions from political leaders, public
Read full article: ‘Me cookies are getting smaller’: Cookie Monster’s take on shrinkflation get reactions from political leaders, publicShrinkflation is defined as “the practice of reducing a product’s amount or volume per unit while continuing to offer it at the same price.”
Florida consumers are feeling more positive about the economy than they have in two years
Read full article: Florida consumers are feeling more positive about the economy than they have in two yearsConsumers in Florida are feeling more positive about the economy than they have in two years, with consumer confidence reaching a two-year high. Inflation has also significantly decreased, and wages are now above pre-pandemic levels. Despite this improvement, financial planners emphasize that consumer sentiment is still not at pre-pandemic levels. A study conducted by the University of Florida shows that consumer sentiment in the state ranks at 73 points, with the highest possible index being 150. However, individuals' perspectives on the economy vary, with some expressing optimism while others voice concerns about increasing expenses and job insecurity.
Tell us: Are you feeling more optimistic about the economy? Why or why not?
Read full article: Tell us: Are you feeling more optimistic about the economy? Why or why not?Americans are feeling more optimistic about the economy, as indicated by a new study out of the University of Michigan. The study reveals that consumer sentiment has increased by 13% in January, reaching its highest level since July 2021. This positive outlook comes as inflation continues to soften. Additionally, the January jobs report shows that the U.S. economy added 353,000 jobs last month, with the unemployment rate remaining steady at 3.7%. Stay updated with the latest economic news and trends by following our coverage on Channel 4.
Jacksonville businesses welcome Florida-Georgia game and the economic impact it brings with it
Read full article: Jacksonville businesses welcome Florida-Georgia game and the economic impact it brings with itThe Florida-Georgia game happens on Saturday but the festivities were well underway on Friday night with an exhibition baseball game followed by a concert and fireworks.
News4JAX launches new streaming podcast, “This Week in Jacksonville: Business Edition” with Kent Justice
Read full article: News4JAX launches new streaming podcast, “This Week in Jacksonville: Business Edition” with Kent JusticeIt's no secret that Jacksonville's economy is growing and businesses here are booming. In fact, Jacksonville is the fifth fastest growing city in America, according to the U.S. Census Bureau. And with that comes a lot of questions about jobs, real estate, finances and more. That's why we've started a brand new streaming series, branching off of our very successful policy show "This Week in Jacksonville". It's called "This Week in Jacksonville: Business Edition.
British economy unexpectedly grows by 0.2% in second quarter largely because of June weather boost
Read full article: British economy unexpectedly grows by 0.2% in second quarter largely because of June weather boostThe British economy unexpectedly grew in the second quarter of the year, largely as a result of a strong rebound in June when many businesses particularly in the leisure sector benefited from the warm and settled weather.
Starting in 2024, US citizens will need this when traveling to Europe
Read full article: Starting in 2024, US citizens will need this when traveling to EuropeStarting in 2024, travelers who have previously come to the continent without a visa will need an additional authorization document that is linked to a passport.
Memories flow as community says farewell to beloved farm after 8 decades
Read full article: Memories flow as community says farewell to beloved farm after 8 decadesMany who have recently visited Mixon's— a family business that has been around since 1939— comes to say thank you and goodbye, all while sharing a memory of some sort.
Building a do-it-yourself air purifier is easier than you think
Read full article: Building a do-it-yourself air purifier is easier than you thinkKnown as the Corsi-Rosenthal box, it pulls air through filters on the sides and blows out clean air. It’s proven to reduce indoor exposure to airborne particles. The box can decrease the levels of particles in the air, such as dust or wildfire smoke.
Germany economy shrinks in first quarter, signaling one definition of recession
Read full article: Germany economy shrinks in first quarter, signaling one definition of recessionThe German economy has shrunk unexpectedly in the first three months of this year, marking the second quarter of contraction that is one definition of recession.
Will this be the last time we ‘spring forward’ for daylight saving time?
Read full article: Will this be the last time we ‘spring forward’ for daylight saving time?Last March, the U.S. Senate passed what is known as the Sunshine Protection Act, which would end the twice-a-year ritual of changing clocks by making one set time permanent.
Piers at future site of Shipyards West Park need to be replaced, could cost up to $30M in current design
Read full article: Piers at future site of Shipyards West Park need to be replaced, could cost up to $30M in current designThe Downtown Investment Authority (DIA) met on Thursday to talk about how much more money could be needed for projects on both the Northbank and the Southbank, including the area known as the Shipyards and the former home of the Jacksonville Landing, now called Riverfront Plaza.
Union Terminal Warehouse in Jacksonville gets massive makeover
Read full article: Union Terminal Warehouse in Jacksonville gets massive makeoverA 72-million-dollar historic renovation is happening right now in Jacksonville to the Union Terminal Warehouse. It will become the place where hundreds of people can live, work and entertain.
TELL US: Do you think a 4-day workweek is a good idea or bad idea?
Read full article: TELL US: Do you think a 4-day workweek is a good idea or bad idea?The pandemic changed the way we work and where we work. Many people switched to remote or hybrid schedules. And that transition has led some to start questioning a traditional work schedule.
TELL US: Are you noticing more businesses or workers asking for tips?
Read full article: TELL US: Are you noticing more businesses or workers asking for tips?Shoppers are seeing more and more ‘tip’ requests in unusual places. It’s a common practice to tip people who work in the service industry, but it is now extended beyond that.
Businesses reap economic gains from Georgia-Florida festivities, game
Read full article: Businesses reap economic gains from Georgia-Florida festivities, gameTens of thousands of Florida Gator and Georgia Bulldog fans from near and far filled the stands of the TIAA Bank Field Saturday afternoon to watch this year’s much anticipated Georgia-Florida matchup, resulting in a major boost for the Jacksonville economy.
It’s a ‘grande’ new way to fly: Check out this new Starbucks and Delta loyalty program
Read full article: It’s a ‘grande’ new way to fly: Check out this new Starbucks and Delta loyalty programStarting on Wednesday, U.S. customers who link Delta SkyMiles and Starbucks Rewards loyalty programs will earn one mile on every $1 spent on eligible purchases at Starbucks.
How important is farming still to the U.S.? These facts and figures might surprise you
Read full article: How important is farming still to the U.S.? These facts and figures might surprise youFarming might not be a glamorous job for many, but simply put, we might not exist without the hardworking farm owners and laborers out there.
St. Johns County has an affordable housing crisis. These nonprofit housing leaders explain how to address it
Read full article: St. Johns County has an affordable housing crisis. These nonprofit housing leaders explain how to address itData collected by NEFAR shows that St. Johns County is the least affordable county of the eight counties in the area.
Student loan forgiveness plan will have minimal impact on current inflation, expert says
Read full article: Student loan forgiveness plan will have minimal impact on current inflation, expert saysAfter President Joe Biden announced millions of people will have student loan debt forgiven, News4JAX viewers both for and against the plan were quick to share their thoughts.
An old high school gym turned into a home? You’ll have to see listing to believe it
Read full article: An old high school gym turned into a home? You’ll have to see listing to believe itOne portion of the house has the original basketball court and bleachers, while another portion was renovated into elements of what typical homes have, such as a kitchen, bathroom and bedrooms.
Satisfy your smoked whitefish craving at these 5 top spots
Read full article: Satisfy your smoked whitefish craving at these 5 top spotsThe Great Lakes might be home to the world’s most abundant supply of freshwater whitefish, and to many, that treat tastes even better when it is smoked to give it even more flavor.
Cherry bacon spread? Cherryaki Sauce? Chain of stores has cherries in just about EVERYTHING
Read full article: Cherry bacon spread? Cherryaki Sauce? Chain of stores has cherries in just about EVERYTHINGName a product, and somehow cherries have found their way into them when visiting the Cherry Republic, a group of stores in Michigan.
Home to more than just rare stones: 5 things to do in Petoskey
Read full article: Home to more than just rare stones: 5 things to do in PetoskeyTucked along the Little Traverse Bay in Northern Michigan, Petoskey is a hotspot in the summer for tourists with its scenic water views, boating and other water activities.
Gas prices, inflation causing many to alter or abandon summer travel plans
Read full article: Gas prices, inflation causing many to alter or abandon summer travel plansWith gas prices approaching $5 in most locations, and quadruple the typical rate of inflation, many Americans are choosing more modest summer trips in 2022 or foregoing travel altogether.
2023 recession likely, but it’s not as bad as everyone thinks, financial expert says
Read full article: 2023 recession likely, but it’s not as bad as everyone thinks, financial expert saysU.S. stocks sank into bear market territory Monday as Wall Street investors worry about interest rate hikes and inflation.
Filling up with gas is costing drivers in Florida more than in Georgia
Read full article: Filling up with gas is costing drivers in Florida more than in GeorgiaWe’re not even into the busy summer travel months and already the price of gasoline has risen by 20-cents the past two weeks. Drivers in Florida on average are paying $4.20 while the average price of gas in Georgia is more than 35-cents cheaper.
Survey: Nearly half of Floridians struggling with monthly bills as inflation rises
Read full article: Survey: Nearly half of Floridians struggling with monthly bills as inflation risesNearly half of all Floridians are having a hard time paying necessary bills because of inflation, according to a new University of South Florida survey.
US growth in Q4 revised lower to 6.9%, slower growth to come
Read full article: US growth in Q4 revised lower to 6.9%, slower growth to comeThe U.S. economy ended 2021 by expanding at a healthy 6.9% annual pace from October through December, the government reported Wednesday, a slight downgrade from its previous estimates.
How sweet are you on breakfast? Try your hand at this quiz about beloved cereal
Read full article: How sweet are you on breakfast? Try your hand at this quiz about beloved cerealThe popular breakfast food had sales over $9 billion in 2020 and then $8.66 billion in 2021, according to IRI, a market research firm in Chicago.
As gas prices rise in the US, countries around the world are feeling pain at the pump even more
Read full article: As gas prices rise in the US, countries around the world are feeling pain at the pump even moreAccording to data from globalpetrolprices.com, 46 countries has gas prices that are $6 a gallon or more, 26 have prices that are at least $7 a gallon while nine countries have gas prices that are $8 a gallon or more.
Here are the best, worst days to travel for the 2021 holiday season
Read full article: Here are the best, worst days to travel for the 2021 holiday seasonWhether you’ve already booked holiday travel plans, or you’re waiting for the last minute to make sure there aren’t restrictions, there are certain things to keep in mind about which days will be best to travel, and what resources might be more scarce than in years past.
Financial technology company Nymbus moving headquarters from Miami to Jacksonville
Read full article: Financial technology company Nymbus moving headquarters from Miami to JacksonvilleFinancial technology company Nymbus is moving its corporate headquarters to Jacksonville, the company announced Tuesday.
UK economy takes another step toward pre-pandemic level
Read full article: UK economy takes another step toward pre-pandemic levelOfficial figures show that the British economy rebounded further in May following another easing of lockdown restrictions, though the increase was about half that expected by economists.
UK economy edges to pre-pandemic levels as lockdown eased
Read full article: UK economy edges to pre-pandemic levels as lockdown easedThe easing of lockdown restrictions in April helped the British economy grow at its fastest rate since July 2020 and recoup further ground lost during the coronavirus pandemic.
Gun sales in area continue to spike as mass shootings, unrest continues
Read full article: Gun sales in area continue to spike as mass shootings, unrest continuesThere has been a surge in people buying a gun for the first time, with the pandemic, civil unrest and mass shootings cited as factors contributing to the spike.
UK economy showed resilience ahead of big lockdown easing
Read full article: UK economy showed resilience ahead of big lockdown easingOfficial figures show that the British economy contracted by 1.5% in the first quarter of 2021, a relatively modest contraction given that the country was in the midst of a strict lockdown to combat a second wave of the coronavirus.
UK economy ended 2020 better than previously thought
Read full article: UK economy ended 2020 better than previously thoughtThe pandemic has battered the British economy, which has suffered its deepest recession in more than 300 years. (AP Photo/Matt Dunham)LONDON – Official figures show that the British economy ended 2020 on a stronger footing than previously thought but that it suffered a bigger than anticipated fall in output in the immediate aftermath of the first coronavirus lockdown. In its latest revisions for 2020 data, the Office for National Statistics said Wednesday that the British economy contracted by 19.5% during the second quarter, the first full quarter of lockdown. Overall, the agency said, the British economy ended 2020 9.8% smaller, slightly better than the previous estimate of 9.9%. The U.K. as a whole has had Europe’s deadliest coronavirus outbreak, with over 126,000 people having died after testing positive for COVID-19.
Indian economy shrinks 7.7% in fiscal 2020-21 amid pandemic
Read full article: Indian economy shrinks 7.7% in fiscal 2020-21 amid pandemicIndia's economy contracted by 7.7% in the 2020-21 financial year, battered by the coronavirus pandemic, according to a report released Friday. (AP Photo/Anupam Nath)NEW DELHI – India's economy contracted by 7.7% in the 2020-21 financial year, battered by the coronavirus pandemic, according to a report released Friday. A country enters a technical recession if its economy contracts for two successive quarters. The downturn followed a strict two-month lockdown imposed across the country beginning in March to combat the pandemic. That was followed by a $35.14 billion package to stimulate the economy by boosting jobs, consumer demand, manufacturing, agriculture and exports hit by the coronavirus pandemic.
Another recession looms for UK economy as lockdowns bite
Read full article: Another recession looms for UK economy as lockdowns biteThe Office for National Statistics said that as a result of the fall, the economy is 8.5% smaller than its pre-pandemic peak. Because of the November fall, the economy is set to contract again in the fourth quarter. “The economy took a hit from restrictions put in place to contain the pandemic during November, with pubs and hairdressers seeing the biggest impact," said Darren Morgan, director for economic statistics. The hope is that the rollout of coronavirus vaccines — the U.K. is ahead of many other countries — will see a pick-up in activity later this year. ___Follow AP coverage of the coronavirus pandemic at:https://apnews.com/hub/coronavirus-pandemichttps://apnews.com/hub/coronavirus-vaccinehttps://apnews.com/UnderstandingtheOutbreak
Georgia governor reflects on COVID-19 battle, touts economy
Read full article: Georgia governor reflects on COVID-19 battle, touts economyFILE - Georgia Gov. Geoff Duncan hold a news conference Wednesday evening, Jan. 6, 2021, at the Georgia State Capitol in Atlanta, to condemn the breach of the U.S. Capitol. The 2020 election cycle has left Georgia's Republican governor bruised even though he wasn't on the ballot. READ: Georgia Gov. Kemp said his budget includes $40 million to establish a “Rural Innovation Fund” for rural Georgia businesses.
Oh so bad, but oh so good, all at the same time: Whet your appetite with this quiz on fast food
Read full article: Oh so bad, but oh so good, all at the same time: Whet your appetite with this quiz on fast foodThere is a lot that has changed about society over the past few decades, but one thing that has stayed constant is people’s love for fast food.
UK economy bounces back in summer but faces wintry chills
Read full article: UK economy bounces back in summer but faces wintry chillsThe London streets are nearly deserted during the first full week of a four-week coronavirus lockdown in England, but some are calling to allow businesses to reopen their doors to kickstart the city economy. The imposition of new limits on public life in the autumn means the economy will likely end the year even smaller. The Office for National Statistics said Thursday that the economy grew by 15.5% in the July to September period. Despite the third-quarter improvement, the statistics agency said the economy was still 9.7% below where it was at the end of 2019. In addition to virus developments, the British economy remains hobbled by uncertainty over the future trade relationship between the U.K. and the EU.
IMF blames resurgent coronavirus for UK growth downgrades
Read full article: IMF blames resurgent coronavirus for UK growth downgrades(AP Photo/Frank Augstein)LONDON – The International Monetary Fund has downgraded its growth forecasts for the British economy for this year and next, following an acceleration in the number of coronavirus infections over the past couple of weeks. In its annual assessment of the British economy published Thursday, the Washington D.C.-based body lowered the forecasts it made just two weeks ago. Instead of shrinking by 9.8% this year, the Fund now expects the British economy to contract by 10.4%. The other U.K. nations — Scotland, Wales and Northern Ireland — have also imposed fresh restrictions in recent weeks. After that, the British economy contracted by nearly a quarter before the restrictions started to be eased and large sections of the economy reopened.
UK economy slump not as bad as feared but still a record
Read full article: UK economy slump not as bad as feared but still a recordLONDON – The British economy did not contract as much as originally thought during the second quarter of the year when coronavirus lockdown measures were at their most intense — though the slump remained the worst on record. The Office for National Statistics said Wednesday that the British economy contracted by 19.8% in the April to June quarter from the previous three-month period, slightly less than its previous estimate of 20.4%. It now estimates that the economy shrank by 2.5% in the first quarter, against 2.2% previously. “It is clear that the U.K. is in the largest recession on record," the statistics agency said. Since May, when lockdown measures started to be eased, the British economy has managed to eke out three months of growth, which has helped it recoup around half of the output lost.
Global economic outlook not as bad as expected - OECD
Read full article: Global economic outlook not as bad as expected - OECDPARIS – The global economy is not doing as bad as previously expected, especially in the United States and China, but has still stuffered an unprecedented drop due to the coronavirus pandemic, an international watchdog said Wednesday. The global economy is expected to rebound and grow by 5% next year, the organization said. The OECD upgraded its forecast for the U.S. economy, anticipating a contraction of 3.8% this year instead of a plunge of 7.3% forecast previously. The Paris-based organization, which advises developed countries on economic policy, urged governments not to raise taxes or cut spending next year “to preserve confidence and limit uncertainty." “The aim must be to avoid premature budgetary tightening at a time when economies are still fragile,” it said.
What gifts NOT to buy on Father’s Day, according to one survey
Read full article: What gifts NOT to buy on Father’s Day, according to one surveyFor those who are stumped about what kind of gift to buy for Father’s Day, maybe one suggestion that could help is this: Start with what not to buy for the occasion. Coupon Lawn surveyed more than 1,000 fathers in the United States to see what their most unwanted gifts were for Father’s Day. The survey found that 46% of people buy clothes as Father’s Day gifts. The responses found that 30% of fathers dislike receiving these, even though 59% of people who get gifts on Father’s Day buy cards. Coupon Lawn said as part of its survey that $5.3 billion is spent on unwanted Father’s Day gifts, although that is half of the $10.5 billion the site said is spent on unwanted Mother’s Day gifts.
Unemployment system continues to frustrate Floridians
Read full article: Unemployment system continues to frustrate FloridiansUnemployment system continues to frustrate FloridiansPublished: June 4, 2020, 6:32 pmApplying to Florida’s unemployment system is relatively easy. Ivette Morad said it’s getting the money that’s difficult.
Study finds Jacksonville-area economic impact from pandemic will be severe
Read full article: Study finds Jacksonville-area economic impact from pandemic will be severeJACKSONVILLE, Fla. A study from the Northeast Florida Regional Council shows the coronavirus pandemics impact on Northeast Florida will be about 15% more severe than the national average. According to the councils report, the focus of the analysis was on how changes in the national economy will be experienced in Northeast Florida. Its model shows that even in a best-case scenario more than 41,000 jobs will be lost in the Jacksonville area. The model shows St. Johns County will see the second most job losses with more then 4,000 jobs cut, but that county could reach pre-pandemic economic levels by next year. For more information on the Northeast Florida Regional Council, visit www.nefrc.org/.
All the questions we are asking ourselves as return of youth sports takes shape
Read full article: All the questions we are asking ourselves as return of youth sports takes shapeWith more states lifting stay-at-home orders and loosening restrictions, it could lead to the return of youth sports sidelined by the COVID-19 pandemic. While organizations in just about every state are formulating plans to return, some states have already set in motion dates for a return to action. The Ohio Department of Health said youth leagues for non-contact and limited-contact sports were able to start May 26, Texas Gov. Greg Abbott said youth sports and camps could start back up May 31, with games likely starting in mid-June, while Florida Gov. For more serious and expensive travel sports, this might be about the time organizations start seasons and playing prominent tournaments, but the clock is ticking.
Shoppers see higher prices at grocery stores during Memorial Day weekend
Read full article: Shoppers see higher prices at grocery stores during Memorial Day weekendYour Memorial Day meals will be a bit more expensive this year as grocery store prices keep going up. This all happening ahead of the Memorial Day weekend, where lots of people will be throwing meats on the grill. Inside a Publix in Arlington, we saw buy one get one deal on hot dogs priced at $4.99. Some people recommend finding non-traditional items to eat this memorial day, and maybe keeping it that way for the time being. With a shortage of food supply, the demand grows higher which means the prices go up.
5 tips to start a franchise in a pandemic economy
Read full article: 5 tips to start a franchise in a pandemic economyHistorically, economic downturns have been among the best times for people to start franchises. With the COVID-19 pandemic causing unemployment rates to soar quickly, starting a franchise might be on people’s minds. Diana Trondsen, a small business and franchising expert who is also a consultant with FranNet, offered five suggestions for those interested in starting their own franchise. When first considering whether to start a franchise, whether it’s a food or retail store, taking the time to analyze your life situation and then brainstorm the best ideas are essential. When researching what type of franchise to open, one needs to see how well competitors have done in that community.
Why are liquor stores considered ‘essential’ during COVID-19 pandemic? Here are 5 reasons
Read full article: Why are liquor stores considered ‘essential’ during COVID-19 pandemic? Here are 5 reasonsBut diving into the issue more closely, the reasons why liquor stores remain open and thriving become a little clearer, even if they are debatable to some. Here are five reasons why it can be beneficial for liquor stores to remain open during the pandemic. Given this, liquor stores technically fall under the category of “food and agriculture” on the level of grocery stores and pharmacies, and thus, are considered essential. Grocery stores don’t have the selection of liquor stores. Do you agree that liquor stores should be considered essential, and thus, be allowed to remain open?